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Combine all ingredients in medium microwave-safe bowl. Microwave at MEDIUM (50%) 1 to 1-1/2 minutes or until hot. Using whisk, beat until chips are melted and mixture is smooth. About 1-1/2 cups sauce.

CONVENTIONAL METHOD: Combine all ingredients in small saucepan. Cook over low heat, stirring constantly, until chips are melted and mixture is smooth.

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